TomTom (OTCMKTS:TMOAY) Sees Significant Increase in Short Interest

TomTom (OTCMKTS:TMOAY) was the target of a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 4,400 shares, a growth of 4,300.0% from the October 15th total of 100 shares. Based on an average daily trading volume, of 600 shares, the days-to-cover ratio is presently 7.3 days.

TomTom Price Performance

OTCMKTS TMOAY remained flat at $2.76 on Tuesday. The business has a 50 day moving average price of $2.73 and a 200 day moving average price of $2.81. TomTom has a twelve month low of $2.50 and a twelve month high of $4.12.

About TomTom

TomTom NV is engaged in the developing of location technology including maps, navigation software, real-time traffic information, and other services. It operates through the following segments: Location Technology and Consumer. The Location Technology segment is involved in the developing and selling of location based application components, such as maps, services and navigation software to customers in different market segments.